Vinay Dube, former chief executive officer of Jet Airways and GoAir, is exploring opportunities to launch an airline. Dube has teamed up with his airline colleagues Praveen Iyer and Nikhil Ved for the venture and has held talks with aircraft manufacturers Airbus and Boeing, it is learnt. The plan is to start operations with five aircraft by year end. Dube could not be reached for comment but sources said an application has been made to the civil aviation ministry for no objection certificate. A lot of ground work has been done and the team is looking for investors to raise funds, a source said.
Jet Airways Crisis: Bankruptcy Court Adjourns Hearing On Revival Plan To December 17 Jet Airways Crisis: Bankruptcy Court Adjourns Hearing On Revival Plan To December 17 Jet Airways crisis: The National Company Law Tribunal (NCLT) adjourned the key hearing on the revival plan for grounded airline on December 17 due to lack of time
Jet Airways Crisis: The bankruptcy court has listed the matter for hearing on December 17
The National Company Law Tribunal (NCLT) on Friday, December 11, adjourned the key hearing on the revival plan for grounded air carrier Jet Airways. The bankruptcy court has now listed the matter for hearing on December 17 due to lack of time. Jet Airways, once India s largest airline by market capitalisation, plans to restart regular operations as a full-service carrier by the summer of 2021, its new owners said earlier this month. A consortium, led by the Dubai-based entrepreneur Murari Lal Jalan as well as London-based Kalrock Capital on December 7, announce